Thunder Bay Car Insurance: Compare Cheap Auto Insurance Quotes

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Drivers can save up to $463* by comparing cheap quotes for car insurance in Thunder Bay.

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Find lower auto insurance rates in Thunder Bay

Thunder Bay residents have a greater reliance on their vehicle, and car insurance as a result. The good news is the cost of auto insurance in Thunder Bay is significantly lower compared to the rest of the province.

At ThinkInsure, comparing Thunder Bay auto insurance quotes is quick and easy. We are partners with the top insurance companies in Canada, so we can help you find the coverage you need at the lowest rates. You can compare quotes online or call us; our licensed brokers will be happy to complete a quote for you. Get more affordable car insurance in Thunder Bay today!

What you need to know about car insurance in Thunder Bay

Car insurance rates are about $300 more per year compared to the provincial average.
Based on our customer data, rates dropped from 2022 to 2023.
Thunder Bay is one of the more expensive cities for insurance in Northern Ontario.

How to compare Thunder Bay car insurance quotes

It's easy! Just complete these quick steps and start saving.

1) Start your quote

Enter your postal code and some basic information.

2) Enter your driving details

Provide your driving and vehicle information.

3) Compare quotes

See rates from the leading companies.

Choose your policy

Choose the best rate. Confirm the details with our experts and buy your insurance.

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5-star car insurance in Thunder Bay

Rated 4.7 out of 5 stars in 1412 Google reviews

See what our car insurance customers are saying about us.

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Tee Vee

2024-06-25

Sohel helped us apply for insurance and got everything done super fast and efficiently! Thanks Sohel!

The Jordan Family

2024-06-20

Solely was an absolute pleasure to work with. He was very knowledgeable and quick to respond. He had my new policy up and ready in the course of an afternoon, not to mention the best rates out all brokers I came across. I highly recommend this man and his customer service. 5 star service indeed!

Jade W

2024-06-17

Bailey went above and beyond. Was insanely patient with my scatter brain and a million questions. He explained everything to a point of actually understanding vs "that other" company that made me feel like a child for not understanding their legal ramblings. I appreciate you!!!!

Erfan Javid

2024-06-14

I worked with Sohel, and he put in an incredible effort for me! Sohel is an amazing insurance broker who was very helpful and honest. Communicating with him by phone and email was effortless, and he completed all my insurance paperwork without any hassle. I had insurance sorted out with just one phone call and one email thread.

Mykyta Shylin

2024-06-13

Thank you Bailey, for your help in getting my auto insurance policy sorted out after the non-payment cancellation. I really appreciate the effort you put in to ensure everything was taken care of quickly.

Bradley Chapman

2024-06-12

I was in a pickle and they really helped me out, very supportive. I dealt with a woman by the name of Denise and honestly, she deserves an additional 5 stars on top of this 5 star review.

Daniel McDonald

2024-06-11

I had a great experience with my broker, super knowledgeable dude helped me get back on the road quick and clean.

mic

2024-06-10

Working with Todd was a pleasure. It was very easy communicating with him by phone and email. He was able to complete all my insurance paperwork with no hassle. Thank you are the best .

How car insurance in Thunder Bay works

Thunder Bay auto insurance rules are set at the provincial level. All drivers must have valid insurance and need to carry at least $200,000 in third-party liability. A no-fault system is used, and the FSRAO regulates the industry. Drivers can get insurance through private insurers and brokerages.

There are two parts to your coverage – mandatory and optional coverage. Here is what is included in each:

Mandatory auto insurance

This is legally required to be included in all policies:

Third-party liability: You have protection against legal liability if you cause an accident or damage to other property.
Statutory accident benefits: This insurance policy will cover your medical expenses if you get injured in a car accident.
Direct compensation property damage: If you are not at fault for a collision, this coverage will cover the cost of your vehicle repairs. Effective from January 1, 2024, this coverage will be optional. You will be able to remove this coverage from your policy using OPCF 49, which will result in a reduction in your premiums. However, it is important to remember that by removing this coverage, you will be taking on additional financial responsibility in case of an accident. Therefore, it is highly recommended that you consult with your broker to determine if this option suits your situation.
Uninsured automobile: Protection in case you have an accident with a driver who does not have insurance.

Optional auto insurance

You have the option to add one or more of these types of coverage to enhance your policy:

Collision insurance: This refers to the coverage for any damage incurred during a collision.
Comprehensive insurance: This coverage provides protection against theft, vandalism, and damage that occurs when the vehicle is not being driven.
All perils: Your plan covers all potential risks except for those specifically excluded.
Specified perils: Your insurance policy only covers the explicitly mentioned risks.

You have the choice to increase your coverage limits. You can also include endorsements to personalize your plan. Get more information about Ontario car insurance and how the system works.

How much does car insurance in Thunder Bay cost?

While the average cost varies based on many factors, drivers in Thunder Bay with clean driving records can get car insurance for about $1,989 annually. Residents pay about $200 more per year compared to the provincial average.

Thunder Bay car insurance rates from 2022-2023

Our customer quote data shows that car insurance rates were less in 2023 than in 2022. This could have happened for many reasons, such as the type of people applying for quotes, market changes, and many others. Here’s a summary of rate changes:

Year	Average annual premium
2023	$ 1,989
2022	$ 2,451
Average rate (2019-23)	$ 2,220

Auto insurance premiums in Thunder Bay compared to local cities nearby

Where you live greatly affects how much you’ll pay for insurance. When you compare Thunder Bay to other similar cities in Northern Ontario, drivers tend to pay a little more. See how Thunder Bay compares to other areas:

City	Avg premium
Timmins	$ 2,299
Thunder Bay	$ 1,989
Sault Ste. Marie	$ 1,855
Marathon	$ 1,492
Wawa	$ 1,394

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Latest Thunder Bay car insurance quotes

2024/07/19

Shopper in THUNDER BAY, ON
Vehicle: HYUNDAI ACCENT GL 4DR 2012
CAA My Pace	$1,062
Echelon	$2,877
Pembridge	$3,443
Intact	$3,448
Savings from top 4 cheapest quotes	$2,386

2024/07/16

Shopper in THUNDER BAY, ON
Vehicle: MAZDA CX-50 GT 2.5T 4DR AWD 2023
CAA Connect	$1,299
CAA My Pace	$1,333
CAA	$1,366
Intact	$1,666
Savings from top 4 cheapest quotes	$367

Tips for cheaper car insurance in Thunder Bay

All drivers in Thunder Bay want to save more on their auto insurance. Don’t you? The trick is knowing what to do to reduce your rates. Here’s how:

Work with a ThinkInsure broker: Working with our experts allows you to compare car insurance quotes from the top insurers.
Ask about discounts: Insurers offer many types of discounts. Inquire about the types of discounts you may qualify for.
Bundle: Combining insurance, or adding multiple vehicles to one policy will qualify you for a discount.
Review quotes: Getting an estimate is the only way to know if you are reducing your costs.
Your car: Drive an insurance-friendly vehicle that has high safety ratings.
No claims: Stay accident and claims-free, and insurers will reward you with savings.
Tickets and convictions: Be a good driver and follow the rules to stay ticket and conviction-free.

Thunder Bay car insurance and driving advice

As the largest municipality in Northern Ontario, the city is a central transportation hub for the region. For drivers, this means lots of highway driving along Highway 11, Highway 17, the Thunder Bay Expressway, and Golf Links Road.

An amalgamation between two previously separate cities, Port Arthur and Fort William, residents and businesses rely heavily on vehicles for effective transportation. Thunder Bay people need a car insurance policy that reflects their driving habits. Use these tips to drive safely:

Take on-road and off-road safety seriously: According to the Thunder Bay District Health Unit, on and off-road collisions are a leading cause of injury in the region. Watch out for ATVs, snowmobiles, cyclists, and other vehicles when driving.
Collisions are declining: According to a recent study, collisions in Thunder Bay have decreased by 8%.
Consider comprehensive : With a large wildlife population, the presence of off-road vehicles, severe weather, and many other risk factors, it’s recommended you get comprehensive coverage to ensure you are covered for all situations.
Watch out for potholes: Potholes are very common. The sudden change in temperature during spring creates perfect conditions. Watch out for them!
Watch out for flash flooding: Flash flooding is possible during the spring and summer, particularly on roads outside of city limits.
Winter tires are a must: Winters can be harsh, and driving conditions can be dangerous. Use winter tires to drive during the winter months.

Thunder Bay car insurance FAQs

How can you save on auto insurance in Thunder Bay?

There are many ways for Thunder Bay drivers to pay less for auto insurance. In addition to adjusting your policy, you can maintain a clean driving record, drive a safe vehicle, increase your deductible, and live in a low-crime neighbourhood.

What are the best insurance companies in Thunder Bay?

No one insurance company is the best provider of car insurance in Thunder Bay. You can get quotes and compare options from all the top providers, including CAA, Aviva, Intact, Wawanesa, and many more. The important thing to keep in mind is to look for a provider that can address your insurance needs. For example, if you are a senior, you may want to use an insurer specializing in seniors' coverage. Comparing quotes is the most effective way to find the best company for you.

Get a Thunder Bay car insurance quote

Thunder Bay drivers can keep their low car insurance rates by comparing quotes annually. Start a quote online to find out just how much more you can save on your next policy.

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Sources

* Based on the difference between the average lowest premium and the overall average premium in Thunder Bay for estimates completed from January 1 to December 31, 2023, for drivers with a clean driving record.

** Estimated premiums are based on data entered by individuals on ThinkInsure.ca from 2019-2023.

*** Estimated prices are based on data from January 1, 2023, to December 31, 2023, by drivers with a clean driving record living in Thunder Bay on ThinkInsure.ca.

Insurance Blog And News

Read our insurance blog to get helpful tips, information and news.

2024-07-25

Compare Thunder Bay Car Insurance Quotes

Drivers can save up to $463* by comparing cheap quotes for car insurance in Thunder Bay.

Compare Thunder Bay car insurance quotes from the leading providers

Find lower auto insurance rates in Thunder Bay

What you need to know about car insurance in Thunder Bay